Category Archives: Blog

Benefits of Opening a Branch Office

By Kooshila Takoordyal, 25.07.2019 The Branch Office is one of the more streamlined business structures a company has at its disposal when exploring the possibility of expanding its activities abroad. Businesses looking to expand and benefit from new markets need to decide wisely if they will open a subsidiary or a branch of their existing Read more…

New Ecommerce Payment Regulations under EU Payment Services Directive

By Caitlyn Buchanan, 28.05.2019 On 14th September 2019, the European Union will implement new requirements for authenticating online payments under the Payments Services Directive (PSD2). These measures will bring significant implications for businesses involved in ecommerce; selling products or services online. Providers of merchant services will also need to ensure that their online payment gateways Read more…

Setting up a Company in Spain: The Economic leader in Eurozone Growth

Spain is largest contributor to Eurozone growth

By Caitlyn Buchanan, 25.04.2019 There has never been a better time to set up a company in Spain where the GDP (Gross Domestic Product) is the fastest growing in Europe. Throughout last year (2018) Spain’s Economy has continued to grow and is now leading economic grown within the eurozone. Q4 of 2018 generated a larger Read more…

Employing Foreign Workers Abroad: Foreign Employer Tax Registration

Foreign Employer Tax Registration

By Kooshila Takoordyal, 6.03.2019 A business may wish to hire foreign workers to serve customers in another market or they may need to hire someone with a particular skill set that is not locally available. Hiring international employees can be an effective employment solution, however, this can be a challenge for businesses that have not Read more…

Poland Lowers Corporate Tax Rate to 9% from 2019

Poland matches lowest tax rate in EU

By Caitlyn Buchanan, 28.02.2019 The Polish government has taken steps to attract more foreign investors, at the start of 2019 Poland lowered the corporate tax rate from 15% to 9% for some companies. New and small business with less than €1.2 Million in earnings can avail of this reduced Corporate tax rate while larger businesses Read more…

What are the implications of Brexit to Cross border trade?

how will brexit affect trade

By Caitlyn Buchanan, 28.02.2019 The United Kingdom (UK) will leave the European Union (EU) in March 2019 and a hard Brexit or no-deal is becoming increasingly likely. The UK will cease to be a part of the EU at 11pm GMT on 29 March 2019, As such, there are some important implications to cross border trade Read more…

Top 3 Destinations to Relocate a Company in the Wake of Brexit

By Ana Maricic, 30.01.19 Earlier this month, Theresa May failed to get parliamentary approval on the proposed EU withdrawal agreement. With the UK set to exit the European Union on 29th of March 2019, a ‘no deal’ or ‘hard’ Brexit is becoming increasingly likely. The full effect of Brexit on UK registered companies is still Read more…

Dutch 30% Reimbursement Ruling: Reduced Tax for Expats

By Caitlyn Buchanan, 17.12.18 How does the 30% Ruling work? 30% reimbursement ruling results in a tax free allowance, this is as a type of compensation for expenses that a foreign employee incurs when working abroad. The most common way to apply the 30% ruling is for the employer to reduce the agreed salary by Read more…

Montenegro Citizenship Program: Application Reservations are now Open

By Ana Maricic, 22.10.18 The Government of Montenegro officially announced a new ‘Citizenship by Investment’ program on Oct 1, 2018. Although the legal framework, procedure, and list of the approved real estate projects are still being prepared, the Montenegro Government have already started accepting application reservations. The Montenegro Economic Citizenship Program (MECP) This special investment Read more…

Benefits of Forming a Limited Liability Company in Hungary – 9% Corporate Tax

By Kooshila Takoordyal, 17.10.18 Hungary continues to be a leading nation in Central and Eastern Europe when it comes to attracting foreign direct investment. Major industries include food processing, pharmaceuticals, motor vehicles, machinery, electrical goods, information technology, and tourism. Internationals are attracted to Hungary because it has one of the corporation tax rates in Europe, Read more…

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